Vegas Home Prices Rise, Market Sees More Traditional Buyers

The median price of an existing single-family home sold in Southern Nevada during June was $199,900 – the highest mark since September 2008. This is according to recent statistics released by the Greater Las Vegas Association of REALTORS (GLVAR). The median price is 2.5 percent higher than May and up over 14 percent compared to June… [More...]

Hospice Collecting School Supplies for Students in Need

Nathan Adelson Hospice locations will serve as drop-off points to collect school supplies for local elementary students. The hospice will be collecting supplies for students at Robert L. Taylor and Sunrise Acres elementary schools. The drive continues until Aug. 18. “Many schools unfortunately suffer from a lack of funding, and a large number of students… [More...]

Improvements Coming to East Downtown in Reno

Reno’s East Fourth Street will be transformed during the second annual Positively 4th Street Better Block Project event. Considered “the gateway” to downtown Reno, Fourth Street is home to several historical properties but is in need of upgrades and repair. Local businesses are looking to spruce up the area through landscaping, adding a two-way bicycle lane, re-striping traffic… [More...]

Foundation Raising Funds for Veterans Memorial in Downtown Las Vegas

A local foundation is raising money to build a “world-class” veterans memorial in downtown Las Vegas. The Las Vegas Veterans Memorial Foundation is seeking $2.2 million through its Brick Campaign, where bricks are being sold at a range of $250 to $550. All bricks can be purchased in honor of a veteran and customized with the… [More...]

Advanced Technology Arrives to Catch Breast Cancer Sooner

Desert Radiologists acquired an advanced imaging tool to catch breast cancer earlier. The medical imaging provider is the only outpatient facility in Nevada to offer the technology, according to a recent statement. The provider is offering three dimensional mammography, called breast tomosynthesis, for breast cancer screening. Considered the latest in digital imaging technology, it allows radiologists… [More...]

Organ Donation on the Rise in Nevada

Nevada Donor Network (NDN) saw its second consecutive record-breaking year in “all apsects” of organ donation, according to a recent statement. NDN received donations from 104 organ donors, 373 tissue donors and 632 cornea donors - totaling a 96% increase compared to 2011. “These significant increases are a testament to the heroism of our courageous donors and their families,” said… [More...]

Several SBA Loan Requirements Eliminated

The U.S. Small Business Administration made significant changes in qualification for SBA 504 loans. The changes include elimination of “the personal resource test” and “the nine-month rule”. These modifications mean businesses will have an easier time qualifying for SBA loans, according to a recent statement by TMC Financing. “By eliminating the nine-month rule for expenditures, businesses that have… [More...]

First Hospice and Palliative Medicine Fellowship Program Coming to Nevada

Nevada’s first osteopathic fellowship program has the green light. The American Osteopathic Association approved Nathan Adelson Hospice for a Hospice and Palliative Medicine Program. The program is a collaboration between the hospice and Touro University Nevada. This is a first-of-its-kind fellowship in Nevada and one of only 11 in the nation, according to a recent statement… [More...]

Las Vegas Home Prices See 2.7 Percent Increase

Las Vegas home prices ticked up 2.7 percent in February – even as the valley saw fewer homes selling. According to statistics released by the Greater Las Vegas Association of REALTORS (GLVAR), the median price of an existing single-family home sold in Southern Nevada during February was $190,000, up from $185,000 in January. Total existing homes,… [More...]

Officials Break Ground on Moapa Paiute Tribe Solar Project

The first utility-scale solar project on tribal land is underway in Southern Nevada. U.S. Senate Majority Leader Harry Reid (NV) joined representatives from the Moapa Band of Piautes and executives from First Solar, Inc. (Nasdaq: FSLR) and the Los Angeles Department of Water and Power (LADWP) to kick off construction on the 250 Megawatt power… [More...]

Nevada State Bank Expanding Mortgage Team to Meet Demand

Nevada State Bank is “gearing up” for increased mortgage demand. The bank is expanding its team of loan officers to handle a purchase market that is picking up steam, according to a recent statement. “While other organizations are downsizing the large refinance teams they have built over the last few years, Nevada State Bank is growing… [More...]

Las Vegas High Rise Enjoys Record-Breaking Year

Las Vegas high rise One Queensridge Place saw a year-over-year increase in residential transactions of more than 300 percent. Queensridge Properties, LLC recently announced the sales figures at the two luxury towers, which are located near the western edge of the Las Vegas Valley. The company was involved in 55 transactions exceeding $100 million in… [More...]

Southern Nevada Home Prices Stable

Southern Nevada home prices for January were unchanged from the previous month. That is according to the most recent statistics released by the Greater Las Vegas Association of REALTORS (GLVAR). The median home price for a single-family home sold was $185,000. That is over 23 percent higher than January of last year. “January is usually one… [More...]

Best Year in Five Years for Southern Nevada’s Industrial Real Estate Market

Southern Nevada’s industrial real estate market enjoyed one of its best years in recent memory. That is according to a recent report provided by Colliers International – Las Vegas. “Without a doubt, 2013 was the best year Southern Nevada’s industrial real estate market has had in five years,” said Colliers’ research director John Stater. “Hopefully, it… [More...]

Allstate Expanding in Nevada

Allstate Insurance Company plans to appoint 60 new insurance agents in Nevada during 2014. According to a recent statement, the company is looking for mid-career, mid-level managers looking to own their own business in Nevada. “Nevada’s strong economy is fueling this expansion plan; we target cities and areas that show growth and increasing demand as… [More...]

Home Prices Up 24 Percent

Home prices in Southern Nevada are continuing to rise. The median price of existing homes for December is up 24 percent from the same time last year, according to statistics recently released by the Greater Las Vegas Association of Realtors (GLVAR). “Local homeowners should be happy with the strong appreciation we’ve seen over the past… [More...]

Gordon Silver Honored as Pro Bono Firm of the Year

Gordon Silver Ltd. was selected as Southern Nevada’s Pro Bono Firm of the Year. The award was part of the 13th Annual Pro Bono Awards Luncheon, put on by the Legal Aid Center of Southern Nevada earlier this month. The event honors community volunteers who donate time to assist low income clients with legal issues.… [More...]

Non-Residential Real Estate Holdings Down, Residential Up Among Affluent Nevadans

Holdings in non-residential real estate have given way to more residential investments among affluent Nevadans in recent decades. However, this trend may change according to the 12th edition of the “High Net Worth Report” by The Private Bank by Nevada State Bank. Currently, close to 19 percent of households in the top 10 percent of… [More...]

Two Startups Will Pitch Ideas to Investors at Inaugural Event

Two Nevada startups will court potential investors at an inaugural event designed to help new tech firms raise seed money. The event, Start-Up Vegas, was created and is sponsored by Coloma Ventures, a Las Vegas-based venture capital firm. The founder of each startup will have 30 minutes to explain its service or product to investors,… [More...]

Historic Train Depot in Reno to House Combined Brewery and Distillery

The historic Nevada-California-Oregon Railway Depot in Reno will house the Silver State’s first combined brewery and distillery. This is according to a statement released by Reno natives Chris Shanks and Brandon Wright, who have partnered with a “long-time Nevada family” to transform the downtown building. The business, dubbed The Depot Craft Provisions Company, is expected… [More...]

High-Income Households Face Uncertain Impacts from Healthcare Changes

Wealthy Nevadans are not exempt from healthcare uncertainty in the face of the Patient Protection and Affordable Care Act. This is according to the 11th installment of the “High Net Worth Report” released by The Private Bank by Nevada State Bank. One major impact will be a 0.9 percent increase in payroll taxes for those making $200,000 or… [More...]

Two Tech Startups Land $1 a Month Rent for a Year

Two startups can scratch rent off their worry lists for the next 12 months. Record Setter and Computers for a Cause were awarded downtown Las Vegas office space at $1 a month for a year. The companies were chosen as part of the #1DollarOfficeSpace campaign, put on by The Glenn Group, a Nevada-based marketing agency. The campaign held an… [More...]